Other for sale in La Mata, Alicante, Spain

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Ref: AG19145100

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Cafeteria located in a prime location on the sea and on the most visited square of La Mata.The business runs great all year round. Lots of space inside, large kitchen and a huge terrace with the sun all day.There are 2 possibilities:1 takeover of the business for €225,000 with rent of €3,000 per month.2. Purchase of the premises for €1,250,000

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Property Features

0 bedrooms
0 bathrooms
260m² Build size

Costing Breakdown

Standard form of payment

Reservation deposit

3,000€

Remainder of deposit to 10%

19,500€

Final Payment of 90% on completion

202,500€

Property Purchase Expenses

Property price

225,000€

Transfer tax 8%

18,000€

Notary fees (approx)

600€

Land registry fees (approx)

600€

Legal fees (approx)

1,500€

* Transfer tax is based on the sale value or the cadastral value whichever is the highest.

** The information above is displayed as a guide only.

Mortgage Calculator

Mortgage Amount:

225,000€

Deposit:

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* The information above is provided by The MHI Group and displayed as a guide only. Individual circumstances could change the rate we offer for a mortgage. Please click the link below to get a personalised quote.

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Navigating Property Purchase Tax in Spain: Tips for Smart Savings

In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.